Eddie Yair’s Lay Assets pays $4.5M for gas station in Midwood

Eddie Yair’s Lay Assets through the entity 1775 Coney Island LLC paid Henry A. Alpert’s Spartan Petroleum Corp $4.5 million for 1769 Coney Island Avenue in Midwood. The deal closed on November 17, 2020, and was recorded on December 11, 2020. The transaction consists of 1 parcel, including the tax class gas station without enclosed lubrication plant or workshop (G5). The property is 1,760 square feet. The parcel(s) have total development potential of 59,960 square feet.
The average sale price per square foot is $75.

The signatory for the buyer was Eddie Yair.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link